Mission Produce (AVO) was Smart Insider's stock pick of the week after directors Bruce Taylor and Jay Pack bought company shares on June 11 and June 12.

Taylor, a non-executive director since 2001, acquired $1.9 million of stock at $11.16 apiece on June 12, increasing his stake by 3%, Smart Insider said in a Tuesday note. The purchase was his first since the company's initial public offering and followed a series of sales, according to the note.

Pack, a non-executive director since 2008, bought $413,193 of shares on June 11, lifting his holding by 2%, Smart Insider said, adding that the transaction was also his first purchase after a string of sales.

Smart Insider said the purchases marked the first insider buying at Mission Produce since 2022.

The company reported earnings on June 8.

Smart Insider ranked Mission Produce +1, indicating a strong positive signal.